Tactical UAV Market Size, Forecast 2022-2027 | Industry Share, Trends, Report and Growth
The global tactical UAV market size reached US$ 3.02 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 6.88 Billion by 2027 exhibiting a growth rate (CAGR) of 13.50% during 2022-2027.
Covid-19 Impact:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
A tactile unmanned aerial vehicle (UAV) represents a heavier protective device used to detect tanks, mitigate risks, and armored personnel carriers. The UAV operation generally includes a mission planning and control site (MPCS) as well as a launch and recovery site (LRS). Some of the commonly available tactile UAV are close, short, long, medium-range, endurance, medium altitude, long endurance (MALE), etc. They aid in monitoring locations, communicating possible hazards, notifying threatening conditions, investigating accidents, providing tactile surveillance, monitoring large crowds, etc. Consequently, a tactile UAV finds extensive applications across commercial, military, civil, and law enforcement activities.
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Tactical UAV Market Trends and Drivers:
The growing prevalence of terrorist activities and cross-border agitation is primarily driving the tactical UAV market. Additionally, the widespread product adoption for live video and snapshots in short-range strategic missions and special purpose integrated remote intelligence terminal (SPIRIT) is further catalyzing the market growth.
Apart from this, the escalating demand for high-altitude long-endurance (HALE) unmanned aerial vehicles is acting as another significant growth-inducing factor. Moreover, the rising integration of hypersonic propulsion and artificial intelligence (AI) with tactical UAV systems to remotely control the device and collect visual as well as environmental data is also positively influencing the global market.
Besides this, the introduction of advanced electronic warfare capabilities, including radar, radio, and infrared signals to protect, communicate and sense activities, is anticipated to fuel the tactical UAV market over the forecasted period
Tactical
UAV Market Report Scope |
|
Report Coverage |
Details |
Market size value in 2021 |
US$ 3.02
Billion |
Market forecast in 2027 |
US$ 6.88
Billion |
Growth Rate |
CAGR of 13.50% from
2022 to 2027 |
Base year for estimation |
2021 |
Historical data |
2016-2021 |
Forecast period |
2022-2027 |
Report coverage |
Revenue
forecast, company ranking, competitive landscape, growth factors, and trends |
Segments covered |
Type
and Application. |
Regional scope |
North America, Europe, Asia-Pacific,
Latin America, Middle East and Africa |
Key companies profiled |
Aeronautics Ltd. (Rafael Advanced
Defense Systems Ltd.), AeroVironment Inc., BAYKAR Technology, Elbit Systems
Ltd., General Atomics, Israel Aerospace Industries, Lockheed Martin
Corporation, Northrop Grumman Corporation, Saab AB, Safran S.A., Textron Inc.
and The Boeing Company. |
Market Dynamics |
Parent market analysis, Market growth
inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID
19 impact and future consumer dynamics, market condition analysis for
forecast period, |
Customization preview |
If our report has not included the
data that you are looking for, you can reach out to our analysts and get
segments customized. |
Report Segmentation:
The report has been segmented the market into following categories:
Breakup by Type:
- Close-Range
- Short-Range
- Medium-Range
- Medium-Range Endurance
- Low-Altitude Deep Penetration
- Low-Altitude Long-Endurance
Breakup by Application:
- Military
- Law Enforcement
- Others
By Geography:
• North America (United States, Canada)
• Asia Pacific (China, Japan, India, South Korea, •Australia, Indonesia, Others)
• Europe (Germany, France, United Kingdom, Italy, •Spain, Russia, Others)
•Latin America (Brazil, Mexico, Others)
•Middle East and Africa
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List of Major Key Players:
The major players in the market are Aeronautics Ltd. (Rafael Advanced Defense Systems Ltd.), AeroVironment Inc., BAYKAR Technology, Elbit Systems Ltd., General Atomics, Israel Aerospace Industries, Lockheed Martin Corporation, Northrop Grumman Corporation, Saab AB, Safran S.A., Textron Inc. and The Boeing Company.
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- WOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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